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Oil spiking, conflict in the Middle East, inflation back on the move — and global markets at fresh all-time highs. Something doesn’t add up. In Episode 126, Ben Law sits down with David Berthon-Jones, CIO of Aequitas Investment Partners, for a clear-eyed look at what’s really driving markets, where the risks are quietly building, and what intergenerational farming families need to be thinking about as they protect and grow off-farm wealth across the next generation.
I watched the same father handle two near-identical conversations — one with his daughter, one with his son — completely differently. And I watched both of his kids walk out of the room taller than when they came in. That’s the moment I understood why succession planning so often falls over inside otherwise brilliant farming families. It isn’t the strategy. It isn’t the tax structure. It’s the communication style that built the place in the first place — still being used on the people you most want to keep.
Most families don’t ignore problems — they postpone them. This episode asks what that delay is really costing your future.
What do a Valentino runway, a Women Changing the World Gold Award, and a great-grandmother’s knitted baby blanket have in common? More than you’d think. Vanessa Bell’s journey — from international fashion and high-powered media to Woolmark Licensee and superfine Merino grower at Walcha NSW — is a rare look at what vertical integration on a farming enterprise can actually look like. And what it takes to back yourself when the idea feels impossibly big.
Most farming families know succession matters. Very few start early enough to get it right. Ben Law — former financial adviser and founder of AgriCoach — joins Josh and Steph Borowski on Hard Ground to talk about why farm transitions so often break families, and what it takes to build the clarity, trust, and alignment needed to protect both the farm and the people behind it.